I asked for a quote when we bought our current
boat. I was shopping
around and "pants"was the only one that would not give me a quote, in other words, turned down. Having never been turned down before, I called and after talking to 3 different people(I think) I was informed they would or could not insure a boat under $50,000. I bought a barely used 1984 S-2. I am very happy I do not own a newer boat, as I do not feel insurance
premiums should be close to 10% of boat values. I know people that own $250,000 boats and are afraid to use them for fear of a claim.kinda takes the fun out, I think.
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